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abrdn Focused U.S. Small Cap Active ETF (AFSC) Sharpe Ratio: 2.04

ETF · Currency in USD · Last updated Jun 23, 2026

The fund aims to invest at least 80% of its net assets in equity securities of U.S. small-cap companies using a focused strategy, typically holding approximately 35 to 45 issuers.

AFSC's Sharpe Ratio of 2.04 indicates that for each unit of volatility, it generates 2.04 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 23, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

AFSC Sharpe Ratio Rank

AFSC Sharpe Ratio Rank: 64.164
Above Average

AFSC ranks above 64.1% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

AFSC Sharpe Ratio Market Positioning

The chart shows AFSC's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.86 or lower
  • Yellow zone (middle 50%): 0.86 to 2.31
  • Green zone (top 25%): 2.31 or higher
  • Top 1%: 7.33+
  • Median: 1.67 — half of all investments score higher

How it compares to other similar ETFs

The table compares abrdn Focused U.S. Small Cap Active ETF's Sharpe Ratio with other ETFs in the Small Cap Blend Equities category across multiple time periods, showing how AFSC's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 23, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
FESMFidelity Enhanced Small Cap ETF2.80
FYXFirst Trust Small Cap Core AlphaDEX Fund2.70
SCDSJPMorgan Fundamental Data Science Small Core ETF2.62
QQQSInvesco NASDAQ Future Gen 200 ETF2.57
SCHASchwab U.S. Small-Cap ETF2.46
IWCiShares Micro-Cap ETF2.45
TNADirexion Daily Small Cap Bull 3X Shares2.42
RUSCU.S. Small Cap Equity Active ETF2.37
ROSCHartford Multifactor Small Cap ETF2.35
FSCCFederated Hermes MDT Small Cap Core ETF2.27
AFSCabrdn Focused U.S. Small Cap Active ETF2.04

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows AFSC's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when AFSC consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does AFSC fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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